CAIRO – 9 September 2021: Egypt has a pioneering experience implemented by the Ministry of International Cooperation by matching development funds with the UN goals for sustainable development, using the curricula and the global framework of the United Nations and the Organization for Economic Cooperation and Development, Minister of International Cooperation, Rania Al-Mashat said Thursday. This came during the first workshop of the Egypt-ICF, on its second day, which discussed the experience of the Ministry of International Cooperation in matching development finances with the UN goals for sustainable development. She pointed out that the most sustainable development goals in development finance are $5.9 billion in 34 projects in energy, as well as 36 projects with a value of $5.7 billion in industry, innovation and infrastructure, and $4.9 billion in clean water and sanitation. This is a practical application of the second principle of economic diplomacy, according to the minister, adding, "This step, taken by the Ministry of International Cooperation, was very necessary and supportive of national efforts to achieve sustainable development." Al-Mashat stressed the need to agree on standards for accountability, communication, guidance and learning, explaining that the Ministry of International Cooperation's ongoing development financing portfolio includes 377 projects, worth $25.6 billion, aimed at enhancing development efforts and progressing towards sustainable development goals by 2030.
